Irish finance minister Paschal Donohoe has been picked as the new president of the Eurogroup, a key role as Europe sits in the depths of its deepest recession since World War II
Who will be the next Eurogroup president? Eurozone finance ministers will meet to elect a new president, filling a key job just as the continent is facing the worst recession in EU history.
The new coronavirus has brought social and economic life to its knees across the European Union. However, European leaders have begun laying the foundations for a return to normality as soon as the coronavirus crisis ends.
The unemployment rate in the European Union has dropped in August, in comparison to the previous month and the same month last year. This rate is in fact the lowest joblessness rate the eurozone has reached since May 2008.